Payment methods in Romania: Best ways to pay & send money abroad
Benjamin Clark - 13
Introduction
Romania has a rapidly growing digital economy, combining traditional cash usage with modern payment solutions such as cards and mobile wallets. Understanding payment methods in Romania is crucial for residents and visitors to manage everyday expenses efficiently and securely.
For international transfers, PandaRemit provides a secure, fast, and low-cost solution, allowing Romanians to send money abroad conveniently.
Why Payment Methods Matter in Romania
Payment preferences reflect convenience, accessibility, and efficiency. While cash is still used in some rural areas and small businesses, cards and mobile wallets dominate urban transactions. For international transfers, traditional banks often charge higher fees and process payments slowly, making PandaRemit an ideal alternative.
Country stats:
- Population: ~19 million
- GDP (USD): ~$350 billion
- Currency: Romanian Leu (RON)
Country Overview Table
Main Local Payment Methods in Romania
1. Credit and Debit Cards
- Visa and Mastercard dominate, widely accepted in shops, restaurants, and online platforms.
- Contactless payments are increasingly popular.
2. Bank Transfers
- Common for paying bills, rent, and recurring expenses.
- Online banking is widely used in urban areas.
3. Mobile Wallets
- Apps like Revolut, ING Pay, and Apple Pay/Google Pay are growing in popularity, particularly among younger users.
4. Cash
- Still common in rural areas and small businesses, though usage is decreasing.
International Transfers from Romania
Cross-border payments are vital for families, students, and professionals. Traditional banks may involve high fees and slow processing times.
PandaRemit offers:
- Fast transfers reaching recipients quickly.
- Affordable fees compared to banks.
- Secure and reliable transactions.
For Romanians sending money abroad, PandaRemit is the trusted choice.
How to Pay in Romania (Table)
FAQ
Is PayPal available in Romania?
Yes, PayPal works in Romania but is less popular than cards or local mobile wallets.
Are credit cards widely accepted?
Yes, cards are widely used, especially in urban centers, shopping malls, and restaurants.
Do people still use cash in Romania?
Yes, though cash usage is declining, particularly in cities.
How can foreigners pay easily in Romania?
Foreigners can use international debit/credit cards, Apple Pay, Google Pay, or cash when needed.
How to send money internationally using PandaRemit from Romania?
Register on the PandaRemit website or app, choose the destination country, add recipient details, and pay using a bank account or card for fast, secure, and low-cost transfers.
Conclusion
Romania’s payment landscape is a mix of traditional and modern solutions: cards, bank transfers, and mobile wallets dominate, with cash still present in smaller towns.
For sending money from Romania abroad, PandaRemit provides a fast, secure, and affordable method. It is the go-to solution for Romanians seeking reliable international transfers.
